The only major link market considers in the equation for M/C value is not only assets but what is derived from it based on intensity of real action on ground. Volt is not new but old company with declared possession of assets. The M/C value is a mix of resources and quality of management - both bearing on visibility of action on turning possessed mineral asset resources to marketable production. Long years back Volt enjoyed goodwill period with high M/C purely on asset resources and management intent riding on market expectation that production phase would happen quickly as planned, When this objective deviated due to delays then at least Volt should have realized that turning the resources into production phase is only route and alternative for value creation (M/C). In the equation -- 1) resources - 2)planning and funding phase - 3)production - 4)agreement for product purchase - sales --- the critical steps required for huge uptick in M/C, Volt is still at No 2 stage for Bunyu project having announced in 2018 that all approvals were obtained.
Added to number 1 is another asset in today's announcement on lithium mining licence.
Volt needs to work on two channels aggressively from right now - on Zavalievsky Graphite - rapid production increase, Bunyu Graphite project - funding finalization and production ....... and followed with timely implementation on lithium licence plan announced today.
Volt is of late on right track to propel value creation but only action on ground will determine if Volt will be able to deliver this.
The 2022 year may turnout to be a splendid year on Volt performance if all the planned intentions are achieved in right earnest.
Let us give a big thumps up to TM and hope past is behind with under promise and over deliver theme will occur in 2022.
VRC Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
